Alibaba Leverages AI To Boost Global E-Commerce Growth: Report

Alibaba Group Holding (NYSE:BABA) is reigniting its effort to expand internationally, leveraging artificial intelligence to support this goal.The e-commerce giant is integrating its generative AI

BenzingaJul 10 11:17 ET

China Dominates Global Generative AI Adoption As Local Startups Face Fierce Competition From The Likes Of Alibaba And Baidu

China has emerged as the global frontrunner in the adoption of generative AI, according to a survey, conducted by SAS and Coleman Parkes Research.What Happened: The survey, which included 1,600

BenzingaJul 10 00:32 ET

AI stock popularity reaches a new high since 2019! Strategist: it's time to take profits and close out positions.

The strategist stated that although there may be no signs of overall price bubbles, the rise in some stocks is "worrisome".

Zhitong FinanceJul 10 10:01 ET

Barclays Maintains Alibaba(BABA.US) With Buy Rating, Maintains Target Price $107

Barclays analyst Jiong Shao maintains $Alibaba(BABA.US)$ with a buy rating, and maintains the target price at $107.According to TipRanks data, the analyst has a success rate of 44.3% and a total

Moomoo NewsJul 10 05:31 ET · Ratings

Alibaba.com Names Tony Parker as Global Ambassador for Paris 2024 Olympics

Alibaba.com, a leading platform for global business-to-business (B2B) e-commerce, today announced Tony Parker as a Global Ambassador for its "Same Player, New Game" creative campaign for the Olympic

BenzingaJul 10 05:09 ET

UBS Group: Maintains a "buy" rating for Alibaba-SW (09988), with a target price of HKD 103.

According to the research report released by UBS Group, it maintains a 'buy' rating on Alibaba-SW(09988) and describes its business development as progressing in the right direction, and results can gradually be seen as GMV growth improves. Target price remains at HKD 103. The bank predicts that Alibaba's Q1 revenue by the end of June this year will increase by 6% YoY to RMB 248 billion for the fiscal year of 2025, and adjusted EBITA is expected to drop by 14% YoY to RMB 39.3 billion. Taobao's total GMV is expected to grow by 10% YoY under high base customer management.

Zhitong FinanceJul 10 02:30 ET